QLV vs. QQQE ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100Â® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 IndexÂ® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQÂ® Stock Market (the "NASDAQÂ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.01

Average Daily Volume

247,668

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLV	QQQE
30 Days	0.23%	4.62%
60 Days	1.42%	5.09%
90 Days	3.24%	5.19%
12 Months	25.29%	21.25%

22 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in QQQE	Overlap
AAPL	C	5.13%	0.94%	0.94%
ADI	D	0.15%	0.92%	0.15%
ADP	B	0.92%	1.06%	0.92%
AEP	D	0.52%	0.87%	0.52%
AMGN	D	0.73%	0.84%	0.73%
AMZN	C	2.5%	1.04%	1.04%
AVGO	D	0.4%	0.98%	0.4%
EA	A	0.23%	1.11%	0.23%
GILD	C	1.11%	1.07%	1.07%
GOOG	C	0.62%	0.53%	0.53%
GOOGL	C	0.87%	0.53%	0.53%
LIN	D	0.19%	0.92%	0.19%
META	D	1.27%	0.99%	0.99%
MSFT	F	7.86%	0.93%	0.93%
NVDA	C	5.54%	1.22%	1.22%
PEP	F	1.52%	0.91%	0.91%
REGN	F	0.47%	0.68%	0.47%
ROP	B	0.14%	0.96%	0.14%
TMUS	B	1.14%	1.14%	1.14%
TXN	C	0.86%	1.0%	0.86%
VRSK	A	0.39%	1.04%	0.39%
XEL	A	0.62%	1.02%	0.62%

QLV Overweight 92 Positions Relative to QQQE

Symbol	Grade	Weight
PG	A	3.17%
LLY	F	2.4%
MRK	F	2.29%
V	A	2.25%
MCD	D	1.97%
IBM	C	1.77%
JNJ	D	1.68%
VZ	C	1.58%
T	A	1.46%
XOM	B	1.15%
LMT	D	1.07%
ABBV	D	0.97%
ABT	B	0.92%
CME	A	0.91%
QLYS	C	0.89%
ATR	B	0.89%
WTW	B	0.87%
DUK	C	0.87%
PSA	D	0.84%
AIZ	A	0.84%
WEC	A	0.83%
WDFC	B	0.81%
TYL	B	0.81%
ED	D	0.77%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
CB	C	0.72%
CHKP	D	0.72%
GIS	D	0.72%
ZM	B	0.7%
WM	A	0.68%
SO	D	0.68%
QGEN	D	0.67%
TRV	B	0.66%
DTM	B	0.65%
DLR	B	0.65%
AVY	D	0.64%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
GD	F	0.61%
PKG	A	0.61%
SMMT	D	0.61%
NOC	D	0.6%
BRK.A	B	0.59%
CINF	A	0.59%
RSG	A	0.58%
WCN	A	0.57%
CTVA	C	0.57%
AZO	C	0.56%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
CMS	C	0.53%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	B	0.52%
PNW	B	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
MCK	B	0.35%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
PM	B	0.21%
JPM	A	0.21%
COR	B	0.2%
ALKS	B	0.19%
NCNO	B	0.13%
CAG	D	0.13%
L	A	0.11%
CWAN	B	0.09%
UNH	C	0.07%
MMC	B	0.05%
EXPD	D	0.03%

QLV Underweight 79 Positions Relative to QQQE

Symbol	Grade	Weight
TEAM	A	-1.43%
TSLA	B	-1.31%
FTNT	C	-1.23%
MRVL	B	-1.2%
DASH	A	-1.2%
BKNG	A	-1.18%
TTWO	A	-1.16%
LULU	C	-1.16%
ZS	C	-1.15%
BKR	B	-1.15%
TTD	B	-1.14%
CHTR	C	-1.13%
FAST	B	-1.12%
PCAR	B	-1.12%
ODFL	B	-1.11%
NFLX	A	-1.11%
PANW	C	-1.11%
MAR	B	-1.11%
HON	B	-1.1%
ADSK	A	-1.1%
MU	D	-1.09%
CRWD	B	-1.09%
CSCO	B	-1.08%
PDD	F	-1.08%
WBD	C	-1.07%
ILMN	D	-1.07%
PYPL	B	-1.07%
PAYX	C	-1.06%
CPRT	A	-1.06%
ORLY	B	-1.06%
CMCSA	B	-1.05%
CTAS	B	-1.05%
ISRG	A	-1.05%
INTC	D	-1.05%
CDNS	B	-1.04%
WDAY	B	-1.04%
SNPS	B	-1.04%
MNST	C	-1.04%
CTSH	B	-1.03%
INTU	C	-1.03%
GFS	C	-1.02%
ANSS	B	-1.02%
DDOG	A	-1.02%
MDB	C	-1.0%
VRTX	F	-1.0%
DXCM	D	-1.0%
COST	B	-0.98%
SBUX	A	-0.98%
CSX	B	-0.98%
ABNB	C	-0.97%
ADBE	C	-0.96%
ARM	D	-0.96%
ON	D	-0.96%
FANG	D	-0.95%
CSGP	D	-0.93%
LRCX	F	-0.93%
QCOM	F	-0.92%
NXPI	D	-0.92%
AMAT	F	-0.92%
GEHC	F	-0.9%
EXC	C	-0.9%
CCEP	C	-0.9%
MELI	D	-0.89%
AMD	F	-0.88%
ROST	C	-0.87%
KHC	F	-0.87%
KDP	D	-0.85%
MDLZ	F	-0.85%
CEG	D	-0.85%
DLTR	F	-0.83%
MCHP	D	-0.83%
KLAC	D	-0.83%
CDW	F	-0.81%
IDXX	F	-0.8%
ASML	F	-0.8%
BIIB	F	-0.8%
AZN	D	-0.79%
MRNA	F	-0.63%
SMCI	F	-0.45%